BITCOIN is often seen as a FUTURISTIC CURRENCY due to its DIGITAL NATURE, decentralized system, and potential to disrupt traditional financial systems. Its use of BLOCKCHAIN technology and CRYPTOGRAPHY makes it a pioneering force in the evolution of digital currencies.
Some futuristic aspects of Bitcoin include:
– Decentralized and autonomous: Bitcoin operates independently of central banks and governments.
– Digital and borderless: Bitcoin can be sent and received anywhere in the world, without intermediaries.
– Secure and transparent: Bitcoin’s blockchain technology ensures a secure and transparent record of transactions.
However, whether Bitcoin is considered “FUTURISTIC” depends on one’s perspective. Some see it as a revolutionary step forward, while others view it as a speculative asset or a niche player in the financial landscape.
Prof. Dr. Shamir’s, Village Voice News COLUMN. August 10, 2024. “ BITCOIN, its History, Current Uses, and Future.”
POTENTIAL article based on the title “BITCOIN, its History, Current Uses, and Future” for the Village Voice New, August 10, 2024:
BITCOIN: A Comprehensive Look at its History, Current Uses, and Future: Bitcoin, the world’s first decentralized digital currency, has come a long way since its inception in 2009. From its humble beginnings to its current status as a mainstream phenomenon, Bitcoin has evolved significantly over the years. In this article, we’ll explore Bitcoin’s history, its current uses, and what the future holds for this pioneering cryptocurrency.
A Brief History of Bitcoin: Bitcoin was created by an individual or group of individuals using the pseudonym Satoshi Nakamoto. The true identity of Nakamoto remains unknown, but their vision for a decentralized, peer-to-peer electronic cash system has revolutionized the way we think about money. The Bitcoin network went live on January 3, 2009, with the mining of the Genesis Block.
Current Uses of Bitcoin: Today, Bitcoin is used for a variety of purposes, including:
– Peer-to-peer transactions: Bitcoin enables fast, secure, and low-cost transactions without the need for intermediaries like banks.
– Store of value: Many investors view Bitcoin as a store of value, similar to gold, due to its limited supply and potential for long-term appreciation.
– Medium of exchange: An increasing number of businesses accept Bitcoin as payment for goods and services.t
The Future of Bitcoin: As Bitcoin continues to mature, its future looks promising. Some potential developments that could shape the future of Bitcoin include:
– Increased adoption: Widespread adoption of Bitcoin by individuals, businesses, and institutions could drive up demand and increase its value.
– Regulatory clarity: Clearer regulations and guidelines could provide a more stable environment for Bitcoin to operate in.
– Technological advancements: Improvements to the Bitcoin protocol and infrastructure could enhance its security, scalability, and usability.
 | Key Takeaways The U.S. government holds $21.09 billion in Bitcoin, now the backbone of its Strategic Bitcoin Reserve. North Korea’s Lazarus group has sold over $1 billion worth of Bitcoin since March 2025. Bhutan is tapping hydropower resources to fuel its Bitcoin mining efforts. Over 530,000 BTC is confirmed to be held in global government reserves. |
Bitcoin is a decentralized digital currency that operates without the need for banks or governments. It’s a peer-to-peer online currency that allows transactions to happen directly between equal, independent network participants. Here’s a breakdown of what Bitcoin is all about¹ ²:
What is Bitcoin?: Bitcoin is a digital currency that uses blockchain technology to record transactions. It’s decentralized, meaning no single entity controls it.
How does it work? : Bitcoin transactions are recorded on a public ledger called the blockchain. Miners validate transactions by solving complex mathematical problems, and in return, they receive Bitcoin rewards.
Key characteristics: Bitcoin has a limited supply of 21 million units, making it scarce. It’s also durable, divisible, portable, and fungible.
Uses: Bitcoin can be used for peer-to-peer transactions, as a store of value, or as a medium of exchange. Some companies, like Starbucks and Virgin Galactic, accept Bitcoin as payment.
Price volatility: Bitcoin’s price can fluctuate rapidly due to market demand, supply, and other factors. Its price has been known to surge and drop significantly over short periods.
All-time high: Bitcoin reached an all-time high of $111,970.17 in May 2025.
Market capitalization: Bitcoin’s market capitalization is around $2.12 trillion.
Circulating supply: There are approximately 19.88 million Bitcoins in circulation.
Overall, Bitcoin is a UNIQUE DIGITAL CURRENCY that offers a NEW WAY to think about MONEY and FINCNICIAL TRANSACTIONS.⁴
https://coinmarketcap.com/currencies/bitcoin/
https://www.blockchain.com/learning-portal/tokens/bitcoin-explained
https://www.binance.com/en/price/bitcoin
https://www.coindesk.com/learn/what-is-bitcoin
19 Nations offering BITCOINS.
The 19 Nations that have shown interest in Bitcoin or have implemented crypto-friendly policies.
United States: Holds approximately 207,189 BTC, worth around $19.98 billion, mainly seized from criminal investigations.
China: Holds around 194,000 BTC, seized from scams and illicit activities
Ukraine: Holds 46,351 BTC, valued at $4.1 billion, including government-owned Bitcoin and donations.
Bhutan: Holds 13,011 BTC, worth roughly $700 million, acquired through Bitcoin mining using hydropower.
United Kingdom: Holds some Bitcoin, gained through financial crime investigations.
Germany: Considering adding Bitcoin to national reserves, with Finance Minister Christian Lindner urging the ECB to explore this option.
Hong Kong: Proposing to incorporate Bitcoin into fiscal reserves, leveraging its progressive crypto regulatory environment.
Poland: Presidential hopeful Sławomir Mentzen vowed to make Poland a crypto hub with national Bitcoin reserves.
Czech Republic: Governor Aleš Michl proposed diversifying foreign exchange holdings by purchasing a small quantity of Bitcoin.
Russia: Considering a Bitcoin reserve, despite concerns about price volatility.
Japan: Exploring the possibility of creating a Bitcoin reserve, citing Trump’s proposal as a model.
Argentina: Potentially adopting Bitcoin as a strategic reserve asset to stabilize its economy and hedge against inflation.
Malta: Known for its comprehensive legal framework and favorable tax policies for blockchain and cryptocurrency businesses.
Singapore: Solidifying its status as a crypto hub with recent introduction of the Stablecoins Bill
El Salvador: Adopted Bitcoin as legal tender and accumulated over 6,000 BTC.
Portugal: Offers a tax environment favorable to cryptocurrencies, with a “crypto-friendly tax regime” exempting individuals from VAT.
Luxembourg: Favorable tax rules and a regulatory environment that ensures legal security and safety for investors.
Canada: Clear regulatory structure and advantageous tax practices toward cryptocurrencies
Estonia: Supports digital enterprise and innovation with its e-Residency program and favorable tax regulations¹ ² ³.
https://www.blockchain-council.org/cryptocurrency/bitcoin-holdings/
https://www.ccn.com/news/crypto/global-bitcoin-reserve-proposals/
https://www.sanctionscanner.com/blog/top-10-crypto-friendly-countries-787
5 Countries with LARGEST Bitcoin Holdings:
United States: Estimated 207,189-215,000 BTC, primarily acquired through law enforcement seizures, worth billions of dollars. The US government has debated using these holdings as a strategic asset for long-term financial security or selling parts of it.
China: Estimated 190,000-194,775 BTC, mainly from the PlusToken Ponzi scheme seizure. Despite banning cryptocurrency trading, China retains these holdings, valued in the tens of billions.
United Kingdom: Approximately 61,000 BTC, gained through confiscation of digital assets during financial crime investigations. The UK government has considered converting seized Bitcoin into traditional currency or keeping it as a strategic asset.
Ukraine: Estimated 46,351 BTC, including government-owned Bitcoin and donations received during the conflict with Russia. Ukraine has used these funds for defense initiatives and humanitarian aid.
Bhutan: Estimated 12,062-13,011 BTC, accumulated through state-sponsored Bitcoin mining using hydroelectric energy. Bhutan aims to diversify its economy and reduce reliance on traditional industries.¹ ² ³
5 Countries with HIGH ADOPTION RATES:
United Arab Emirates: 27.18% of the population owns cryptocurrency, with a growing interest in Bitcoin and other digital assets.
Vietnam: 20.87% of the population owns cryptocurrency, driven by tech-savvy young people and a growing blockchain scene.
United States: 15.4% of Americans own cryptocurrency, with some viewing it as a hedge against inflation.
Philippines: 13.72% of the population owns cryptocurrency, popularized by play-to-earn games like Axie Infinity.
Iran: 13.24% of Iranians own cryptocurrency, often used to dodge economic sanctions and financial restrictions.⁴
https://www.worldcoinindex.com/news/which-countries-own-the-most-bitcoin-u-s-china-and-more-in-2025
https://coinpedia.org/research-report/government-bitcoin-holdings-in-2025-who-owns-the-most/
https://www.blockchain-council.org/cryptocurrency/bitcoin-holdings/
https://worldpopulationreview.com/country-rankings/bitcoin-ownership-by-country
EL SALVADOR & CENTRAL AFRICAN REPUBLIC with Bitcoin as LEGAL TENDER:
El Salvador: Adopted Bitcoin as legal tender in June 2021, allowing citizens to use it for everyday transactions.
Central African Republic: Adopted Bitcoin as legal tender in April 2022 but repealed it in April 2023.
6 Crypto-Friendly Policies COUNTRIES
Malta: Known as “The Blockchain Island,” Malta has a regulatory framework for digital assets and offers tax incentives.
Singapore: Allows cryptocurrency trading and holding, with a regulatory framework in place.
Switzerland: Crypto-friendly environment, with Zug being known as “Crypto Valley”.
Germany: Considers Bitcoin as “private money” and taxes it like euro transactions.
Canada: Regulates cryptocurrency exchanges as money service businesses.
Australia: Allows cryptocurrency trading and holding, with a licensing framework for exchanges under development.
4 Countries EXPLORING Bitcoin Reserves
Germany: Considering adding Bitcoin to national reserves.
Hong Kong: Proposing to incorporate Bitcoin into fiscal reserves.
Poland: Presidential hopeful Sławomir Mentzen vowed to make Poland a crypto hub with national Bitcoin reserves.
Czech Republic: Governor Aleš Michl proposed diversifying foreign exchange holdings by purchasing a small quantity of Bitcoin.¹ ²
https://b2binpay.com/en/news/countries-which-allow-cryptocurrency-as-legal-payment-method
https://worldpopulationreview.com/country-rankings/countries-that-use-cryptocurrency
11 TOP BITCON HOLDING COUNTRIES
United States: 198,012 BTC / $21.09 billion (Strategic Bitcoin Reserve established by President Donald Trump)
China: 190,000-194,775 BTC / $20.21 billion (seized from PlusToken Ponzi scheme)
United Kingdom: 61,245 BTC / $6.52 billion (confiscated from money laundering cases)
Ukraine: 46,351 BTC / $4.93 billion (donations for defense and humanitarian efforts during conflict with Russia)
Bhutan: 12,062-13,029 BTC / $1.28 billion (mined using hydroelectric power)
El Salvador: 5,748-6,210 BTC / $659.78 million (accumulated as part of national Bitcoin reserve)
North Korea: 1,927 BTC / $205.29 million (seized through cryptocurrency theft)
Venezuela: 240 BTC / $25.5 million (estimated, potentially linked to Petro cryptocurrency project)
Finland: 90 BTC / $9.56 million (seized in narcotics-related cases)
Georgia: 66 BTC (acquired through criminal seizures)
United Arab Emirates: rumored 420,000 BTC / $44.6 billion (no official confirmation)¹ ² ³
https://www.ccn.com/news/crypto/bhutan-top-crypto-nations-full-list-of-countries/
https://www.worldcoinindex.com/news/which-countries-own-the-most-bitcoin-u-s-china-and-more-in-2025
https://coinpedia.org/research-report/government-bitcoin-holdings-in-2025-who-owns-the-most/
5 Countries EXPLORING Bitcoin RESERVES:
Germany: considering adding Bitcoin to national reserves.
Hong Kong: proposing to incorporate Bitcoin into fiscal reserves.
Poland: presidential hopeful Sławomir Mentzen vowed to make Poland a crypto hub with national Bitcoin reserves.
Czech Republic: Governor Aleš Michl proposed diversifying foreign exchange holdings by purchasing a small quantity of Bitcoin.
Russia: considering a Bitcoin reserve to fight inflation and currency instability⁴ ⁵.
https://www.blockchain-council.org/cryptocurrency/bitcoin-holdings/
https://cryptomaniaks.com/which-countries-have-a-national-bitcoin-reserve
BITCOIN companies in GUYANA
Cryptocurrency Exchanges:
Binance: A popular global cryptocurrency exchange with a wide range of cryptocurrencies and user-friendly interface.
Kraken: A well-established exchange with robust security measures and advanced trading features.
OKX: A versatile exchange offering spot trading, futures, and other financial services.
(link unavailable): A UK-based exchange with a strong focus on security and regulatory compliance.
Paxful: A peer-to-peer marketplace for buying and selling Bitcoin.
LocalBitcoins: Another peer-to-peer platform for exchanging Bitcoin.
CoinField: A global cryptocurrency exchange with a diverse range of assets.
SpectroCoin: Offers various services, including cryptocurrency exchange, wallet, and debit card.
Symlix: A crypto marketplace with a wide selection of cryptocurrencies and payment methods.
(link unavailable): A platform offering cryptocurrency trading alongside other financial assets.
Other Services:
Bitcoin ATMs: Allow users to buy Bitcoin and other cryptocurrencies using cash.
Changelly: A platform for exchanging one cryptocurrency for another.
eToro: A social trading platform offering cryptocurrency trading.
(link unavailable): A cryptocurrency exchange with a range of trading options.
KuCoin: A global cryptocurrency exchange with a diverse range of assets.
Huobi: A cryptocurrency exchange offering various trading services.
Coinbase: A popular exchange for buying and selling cryptocurrencies.
Coinmama: A platform for buying Bitcoin with credit and debit cards.
(link unavailable): A cryptocurrency exchange and wallet provider.
These companies provide various services, including cryptocurrency trading, exchange, and storage. Some also offer additional features like peer-to-peer marketplaces, Bitcoin ATMs, or debit cards.
https://coinworldstory.com/16-best-crypto-exchanges-in-guyana/
https://www.buybitcoinsmart.com/guyana
https://cryptoetf.in/crypto-exchanges-guyana/
Aggressive, MODERATE, and Conservative PORTFOLIO PERCENTAGES general guidelines:
AGGRESSIVE Portfolio (Higher Risk, Higher Potential Returns): with a long-term investment horizon (10+ years) and HIGHER risk tolerance : Stocks: 80-90%; Bonds: 0-10%; Commodities and Crypto: 5-10%
MODERATE Portfolio (Balanced Risk and Returns): with a medium-term investment horizon (5-10 years) and MODERATE risk tolerance Stocks: 60-75%; Bonds: 5-15%; and Commodities and/or Crypto: 0-5%
Conservative Portfolio (Lower Risk, Lower Potential Returns): Stocks: 30-60%; and Bonds: 40-70%
BANK OF GUYANA on BITCOINS/CRYPTOCURRENCY
The Bank of Guyana HAS NOT ESTABLISHED specific regulations for Bitcoin, but the government has shown interest in understanding and adopting blockchain technology. Cryptocurrency use IS NOT officially regulated, but IT IS NOT prohibited either.
Regulatory Environment: The country lacks concrete crypto laws, and the Central Bank of Guyana has issued warnings about the risks associated with cryptocurrency use.
Taxation: There are no clear tax laws regarding cryptocurrency but gains from crypto transactions MIGHT be subject to taxation if they fall within TAXABLE thresholds.
Licensing: The government HAS NOT licensed any crypto trading platforms, and cryptocurrency IS NOT considered legal tender.
Investor Protection: Investors should proceed with caution, understand the risks involved, and comply with existing financial regulations.
4 POPULAR cryptocurrency EXCHANGES available in Guyana include:
Binance: A large and innovative crypto exchange with a wide range of cryptocurrencies.
Kraken: A well-established exchange with advanced trading features.
Coinbase: A user-friendly exchange for buying and selling popular cryptocurrencies.
OKX: A versatile exchange offering spot trading, futures, and other financial services.
To INVEST in cryptocurrencies in Guyana, consider the following:
Choose a Reputable Exchange: Select an exchange that supports residents of Guyana and complies with existing regulations.
Complete KYC( Know Your Customer Verification: Verify your identity to comply with Know Your Customer requirements.
Deposit Funds: Use a bank transfer, credit card, or other accepted payment methods.
Store Cryptocurrency: Consider using hardware wallets or software wallets to protect your assets.
Bitcoin Under Trump : A Threat Or An Opportunity For The Dollar ?
As the inauguration of Donald Trump is set for January 20, 2025, observers are closely watching his economic directions, particularly their potential impact on bitcoin. According to Ki Young Ju, founder of CryptoQuant, Trump’s policies may depend on the balance between the supremacy of the dollar and the prospects offered by cryptos. This analysis highlights the issues related to the hegemony of the dollar, which continues to dominate global exchanges despite a loss of value of more than 90 % since 1913. While some countries are adopting digital solutions to escape monetary crises, such as the rise of stablecoins in emerging economies, the role of bitcoin remains ambiguous. This subject, at the crossroads of traditional finance and disruptive technologies, raises questions about the future of cryptos in an economic system where American policies still influence the rest of the world.
https://www.cointribune.com/en/bitcoin-under-trump-a-threat-or-an-opportunity-for-the-dollar/
Top Government Bitcoin Holders: North Korea Has Sold Over $1 Billion BTC Since March 2025
Despite its notorious volatility, Bitcoin (BTC) has become a favored store of value. With governments now holding billions in BTC, China potentially selling its holdings, and the U.S. establishing a Bitcoin Strategic Reserve, Bitcoin’s role in the global economy is evolving.
Bitcoin was trading above $110,117.63 as of July 3, 2025.
https://www.ccn.com/news/crypto/bhutan-top-crypto-nations-full-list-of-countries/
Bitcoin: SWOT: Strengths, Weaknesses, Opportunities and Threats
Strengths: CANNOT BE TRACKED: Bitcoin utilizes a blockchain network between the sender and the receiver and only these TWO parties are involved. Since NO third- party is involved, Bitcoin is TAX-FREE and is subject to NO regulation from Government. Moreover, since Bitcoin is NOT an institution, it SURVIVES even when the ECONOMY CRASHES.
Weakness: SLOW Transaction and Accessibility Loss: When it comes to transactions involving Bitcoin, you have to be patient. The entire process is quite slow. Moreover, the more people use it, the slower the transaction speed becomes. Speed isn’t the only problem; since all the transactions are encrypted, once you lose your password, recovering it is impossible. This means that YOU WILL NOT ACCESS YOUR Bitcoin wallet once YOU LOSE YOUR PASSWORD.
Opportunity: SAFETY from Cooperating Data Breaches: The world is moving fast towards cashless currencies and big companies such as Amazon are accepting payments in terms of Bitcoin for their goods and services. This shows that companies are recognizing the viability and safety of using Bitcoin. Therefore, there is a likelihood that more companies will accept Bitcoin as payment for their services and goods.
Threats: ANONYMITY against GOVERNMENT and BANKS: Whereas anonymity is a benefit and an opportunity, it is also a threat. If in WRONG hands, it CAN BE DANGEROUS. When transactions are untraceable, criminals get attracted to them. Truthfully, the more Bitcoin transactions become anonymous the more some people will use it for wicked activities.
https://ambcrypto.com/bitcoin-strengths-weaknesses-opportunities-and-threats/
The URGENT NEED for PEACEFUL CO-EXISTENCE Between the USA and CHINA.
GUYANA >>> Onward & Upward towards, One People, One Nation, One Destiny.
REMEMBER >>> We are ALL Connected.
